May 09, 2018
Wabtec Investigation: Rail Industry Employees Potentially Impacted by No Poach Agreements We are investigating allegat
Feinstein Doyle Payne & Kravec, LLC is co-lead interim counsel and represents participants in the Regions Financial 401(k) Plan in seeking to recover losses to the Plan’s assets.
The suit alleges that Plan fiduciaries violated ERISA by investing in Regions stock while the company was concealing Regions Financial’s large exposure to very risky Collateralized Debt Obligations, subprime mortgages, and other poor-quality securities. The case is pending in the United States District Court for the Western District of Tennessee. Discovery is ongoing.
By clicking the links, you can review the Corrected Third Amended Complaint Docket #251 – Plaintiffs’ Corrected Third Amended Consolidated Complaint, as well as the Court’s decisions granting in part and denying in part Defendants’ first set of motions to dismiss Docket #172 – Order Granting in Part and Denying in Part Ds’ First Motions to Dismiss and denying certain Defendants’ second set of motions to dismiss Docket #299 – Order denying certain Defendants’ second set of motions to dismiss.
For more information, please contact Attorneys Ellen Doyle, Pamina Ewing or Joel Hurt.